Sunday, June 7, 2015

Top 5 Prefered Stocks To Invest In Right Now

Top 5 Prefered Stocks To Invest In Right Now: Clifton Star Resources Inc (CFO)

Clifton Star Resources Inc. (Clifton) is a mineral exploration company engaged in the acquisition, exploration and development of mineral resource properties in Canada. Cliftons focuses on gold exploration in Quebec, but it also has precious and base metal projects in Quebec and Manitoba. During the fiscal year ended June 30, 2012, a total of 41,730 meters have been drilled, with 124 holes completed. As of June 30, 2012, the Company had two drills operating on the Duparquet Project. The Company's exploration properties include Beattie, Donchester and Dumico properties, Central Duparquet, Duquesne property, Hunter Property and Cat Lake Property. The Duparquet Project covers 7.7 kilometers of strike length along the prolific gold bearing Porcupine-Destor Fault. The Central Duparquet property consists of 18 mineral claims totaling 293 hectares located in the Duparquet Township, Quebec. Duquesne property owns 55 mineral claims and one mining concession located in Destor Townsh ip, Quebec. Advisors' Opinion:
  • [By Muhammad Bazil]

    There are four criteria used to determine how profitable a company is. Of these four criteria, Facebook satisfies three, making it appear to be a very profitable company. Those criteria are as follows:

    Return on Assets (ROA): This figure is essentially the companys net income. In order to meet this criterion in Piotroskis method, the ROA must be a positive number. With an ROA of 0.40, Facebook meets this requirement and receives a 1.
    Cash Flow from Operations (CFO): This tells investors how much the company is earning from its regular business activities (production, sales, etc). It must be a positive number in order to receive a score of 1. Facebooks cash flow from operations was $1,612 meaning it definitely satisfies this requirement and receives a 1.
    Change in ROA: In order for the profitability of a company to be considered sustainable, it must sh! ow a steadily increasing return on its assets. To calculate this, we take Facebooks current ROA of 0.40 and subtract the previous years ROA (15.80). This gives us a difference of -15.40, showing a decrease. Therefore, Facebook does not meet this requirement and receives a 0.
    Accrual: This criterion simply checks to make sure that the companys cash flow from operations is higher than its return on assets. As we can see above, Facebooks CFO of $1,612 is definitely greater than its ROA of 0.40 meaning that it receives a score of 1.

  • source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-5-prefered-stocks-to-invest-in-right-now.html

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